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RE: Bitcoin at $160 or $1160? what do you think? and why? Chart by ZarNegar

in #bitcoin8 years ago (edited)

Thank you for posting @joseph. Higher......and higher.....and higher. Why...why not...national currencies are depreciating, ie. pound sterling, yuan and others...the populace are looking for a way to retain value, BTC will be a contender as traditional hard assets can be hard to come by. Notice each time the yuan is devalued, BTC has gone up in price. For now the buyers are in the one percent....wait until it becomes better known in China.

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